Friday 27 April 2012

WHAT IS ENTREPRENEURSHIP?



 What is entrepreneurship?
Entrepreneurship is the process of identifying, developing, and bringing a vision to life. (Hosea 4:6 My People are destroyed for lackof Knowledge/Vision..but that shall not be us in Jesus might Name.)   The vision may be an innovative idea, an opportunity, or simply a better way to do something. The end result of this process is the creation of a new venture, formed under conditions of risk and considerable uncertainty.


 do a self analysis(SWOT) on your attitudes,characteristics and skills then you compare with those of others as listed below.Ask a family member and a friend to give you both positive and negative feedback candidly.


YOU
FAMILY MEMBER
FRIEND




ATTITUDE






CHARACTERISTICS





SKILLS





COMPARE YOUR OWN ATTITUDE, CHARACTERISTIC AND SKILLS WITH THOSE GENERALLY DISPLAYED BY ENTREPRENEURS AND TICK;

Ø  Always looking for new information
Ø  Always looking for a challenge
Ø  Ambitions
Ø  Assertive
Ø  Communicates well
Ø  Flexible
Ø  Goal oriented
Ø  Creative
Ø  Determined
Ø  Energetic
Ø  Honest
Ø  Independent
Ø  Intelligent
Ø  Innovative
Ø  Organised
Ø  Patient
Ø  Persistent
Ø  Resourceful
Ø  Responsible
Ø  Self-motivated
Ø  Enjoy solving problems
Ø  Always plans ahead
Ø  Optimistic
Ø  Think positively
Ø  Motivates others
Ø  Open-minded






ENTREPRENEURIAL ATTITUDE
Your attitude is your approach to life, how you view things that happen around you. It is how you approach the things that you do. Here are some entrepreneurial attitudes:

Being positive
Entrepreneurs tend to have a positive or optimistic outlook on life. They are always enthusiastic about how things in their lives turn out. Failure often motivates rather than discourages entrepreneurial people.

Achieving is important
Entrepreneurs like to achieve. Although money is important, it is more often the sense of achievement that motivates them.

Make things happen
Entrepreneurs don’t wait for things to happen - they make them happen. They enjoy the feeling of freedom and empowerment that making things happen provides.

Taking calculated risks
Some people say entrepreneurs are reckless because they like to take risks.  However, entrepreneurs are not gamblers. Generally, entrepreneurs take risks when they have done their homework, have enough information and some  control over the outcome of a situation.

Exploring and discovering
Entrepreneurs like to explore and discover things about themselves and others, in the process of turning ideas into business opportunities. Entrepreneurs want to know.want to find out.want to discover for themselves.


to be contined..

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